Corporate History

1970’s Corporate History Details

1970’s
From the first general trading company to the largest company in Korea

On May 19, 1975, Samsung C&T Corporation was declared the first general trading company in Korea. On that same year, the company solidified its position as an unmatched leader in the country’s trading sector by achieving export of USD 200 million.

1979.06

Completed construction of 6 liquid chemical product storage tanks

1978.08

Exported 12 hospital vessel to Libya

1977.11

Received US $ 500 Million Export Tower Award on the 14th National Export Day

1976.04

Relocated headquarters to Dongbang Life Insurance Building (present Samsung Building)

1976.01

Won contract for export of military uniforms to Saudi Arabia (101mil USD)

1975.05

Designated as Korea’s 1st General Trading Company

1975.04

Established Paris and Amsterdam offices

1975.03

Signed contract for deferred payment export of 1,500 railway freight cars to New Zealand

1975.01

Established Hongkong, LA, Tehran, and Indonesia offices

1972.11

Established Frankfurt Office

1979

11Received US $ 700 Million Export Tower Award on the 16th National Export Day

06Won Columbian power tiller contract

06Completed construction of 6 liquid chemical product storage tanks

1978

11Received presidential honor award on the 15th National Export Day

08Exported 12 hospital vessel to Libya

01Participated in Ghana Development Project

1977

11Received US $ 500 Million Export Tower Award on the 14th National Export Day

11Established Dubai office

1976

11Received US $ 300 Million Export Tower Award on the 13th National Export Day

09Established Singapore office

06Signed contract for deferred payment exports to Burma (24 mil USD)

04Relocated headquarters to Dongbang Life Insurance Building (present Samsung Building)

01Won contract for export of military uniforms to Saudi Arabia (101mil USD)

1975

12Initial Public Offering

11Received US $ 200 Million Export Tower Award on the 12th National Export Day